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ICICI Prudential AMC IPO Review

ICICI Prudential AMC IPO has been reviewed by 13 analysts, and the overall consensus is Strong Apply — carrying a score of 100. Out of the 13 analysts who have covered this IPO, 13 recommend subscribing — reflecting a broadly positive view from the analyst community.

The issue is priced in the band of ₹2,061 – 2,165 per share, with a minimum application size of 6 shares (minimum investment of approximately ₹12 at the upper band). Subscription ran from 12 Dec 2025 to 16 Dec 2025. The issue size is ₹10,603 crore, entirely an offer for sale — the company receives none of the proceeds. Scroll down for the full analyst breakdown and analyst-wise verdicts.

Abhishek Vohera, Founder of IPO Guru Researched & reviewed by Abhishek Vohera, Founder, IPO Guru Last updated Figures sourced from the RHP, BSE & NSE

Analyst verdict & score

One score out of 100, aggregated from every analyst verdict tracked for this issue. How it's calculated

Sentiment score
100/ 100
Strong Apply 13 of 13 recommend subscribing
How analysts voted
Apply 13
Not rated 5

Higher consensus indicates broader analyst agreement.

Detailed review

What the analyst reports say, grouped by the question you're likely asking.

General review

ICICI Prudential AMC’s IPO was a ₹10,602.65 Cr pure OFS with a price band of ₹2,061–₹2,165, open from 12–16 Dec 2025.
The offer was one of India’s largest EV/AMC listings, exclusively selling shares held by Prudential.
It closed with ~39× subscription driven by institutional demand.
The listing on Dec 19, 2025 significantly unlocked value for shareholders.

Listing gains

The notes value the issue between about 33.1 and 40.4 times earnings depending on whether annualised first-half FY26 or full FY25 numbers are used. Analysts describe that as broadly in line with other large listed asset managers. All ten analysts covering the issue said subscribe, with no dissent.

Short-term strategy

The half year to September 2025 delivered ₹2,210.10 crore of EBITDA on ₹2,949.61 crore of revenue, well ahead of the prior half year's ₹2,458.23 crore of revenue. Asset manager earnings track assets under management, so near-term results follow market levels and net inflows.

Long-term strategy

The long-term case rests on compounding assets under management, with the notes citing growth in total, mutual fund and equity quarterly average AUM. The risk they flag is the same mechanism in reverse: weak fund performance would reduce AUM, fee income and cash flows together.

How this is written: an AI-assisted summary of the 18 analyst reports listed below. It reports their views; IPO Guru does not make buy or sell recommendations.

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Analyst reviews

Ordered by each analyst's track record over the past year; analysts still building one are listed last.

Latest IPO reviews

How analysts rated the most recent mainboard issues — and, where they have listed, how the call played out.

Frequently asked

Should I apply for ICICI Prudential AMC IPO?

The analyst consensus for ICICI Prudential AMC IPO tracked on this page is Strong Apply, with a score of 100/100. Out of 13 analysts who have reviewed this IPO, 13 recommend subscribing. IPO Guru does not make buy or sell recommendations. Read the individual analyst reports and consult a SEBI-registered advisor before investing.

What does the score of 100 mean for ICICI Prudential AMC IPO?

The score of 100 is an aggregate of all analyst ratings tracked for ICICI Prudential AMC IPO. A score in this range indicates strong analyst confidence — most analysts are recommending a subscribe. Read the individual analyst verdicts above for more context.

What was the actual listing price of ICICI Prudential AMC IPO?

ICICI Prudential AMC IPO listed on December 19, 2025 at ₹2600, against the issue price of ₹2165 — a gain of +20.09% (₹435 per share). View the full GMP history page for day-wise pre-listing trends.

What is the price band and lot size of ICICI Prudential AMC IPO?

ICICI Prudential AMC IPO was priced at ₹2,061 – 2,165 per share. The minimum lot size is 6 shares, making the minimum investment approximately ₹12 at the upper end of the price band. Subscription ran from 12 Dec 2025 to 16 Dec 2025.

Explore ICICI Prudential AMC IPO further

Analyst views are one input. Read them alongside the demand, the grey market and the filings before you decide.

ICICI Prudential AMC IPO review

A verdict is an opinion, not a guarantee.

IPO Guru collects analyst views, GMP, subscription and allotment for every Mainboard and SME issue. Weigh them together — and against the offer document — before you apply.

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Disclaimer: Grey Market Premium (GMP) is for information purposes and is not a guarantee of listing price. Always consult your financial advisor before investing.

Consensus
Strong Apply
Score
100 / 100
Listed at
₹2600
Full IPO details
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